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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI China Daily Summary: Monday, November 25
Singapore Pushing For Reopen
Singapore dollar has weakened, pushed higher by a stronger greenback. USD/SGD last up 17 pips at 1.3566. The pair still sits some way below the October high at 1.3627, while the 2021 high is at 1.3693 hit in July. The pair currently sits on a 23.6% retracement level, while below support is seen at the 50-DMA at 1.3523.
- Singapore has reiterated plans to open travel lanes for vaccinated travellers, there are plans to open with the US and the UK next week, while South Korea will follow in November and officials are now working on agreements with Australia, New Zealand and Japan.
- Markets await the MAS policy announcement on Thursday while the Q3 advance GDP print will also be released.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.